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Focus Universal Inc (FCUV) Is Down -83.95% in 2024 With Lots of Room to Run

Focus Universal Inc (NASDAQ: FCUV) is -83.95% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $2.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FCUV stock was last observed hovering at around $0.33 in the last trading session, with the day’s loss setting it -0.1%.

Currently trading at $0.23, the stock is -28.33% and -12.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.4 million and changing -28.97% at the moment leaves the stock -58.81% off its SMA200. FCUV registered -87.33% loss for a year compared to 6-month loss of -48.62%. The firm has a 50-day simple moving average (SMA 50) of $0.26578 and a 200-day simple moving average (SMA200) of $0.56278.

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The stock witnessed a 22.72% gain in the last 1 month and extending the period to 3 months gives it a -6.35%, and is -31.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 19.56% over the week and 22.52% over the month.

Focus Universal Inc (FCUV) has around 46 employees, a market worth around $17.09M and $0.84M in sales. Profit margin for the company is -627.24%. Distance from 52-week low is 56.27% and -90.15% from its 52-week high. The company has generated returns on investments over the last 12 months (-442.02%).

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Focus Universal Inc (FCUV) Top Institutional Holders

The shares outstanding are 64.77M, and float is at 27.39M with Short Float at 3.76%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 1.68 million shares valued at $0.4 million. The investor’s holdings represent 2.5875% of the FCUV Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.28 million shares valued at $67241.0 to account for 0.4324 of the shares outstanding. The other top investors are JANE STREET GROUP, LLC which holds 0.1 million shares representing 0.1574% and valued at over $24474.0, while MILLENNIUM MANAGEMENT LLC holds 0.1516 of the shares totaling 98224.0 with a market value of $23574.0.

Focus Universal Inc (FCUV) Insider Activity

The most recent transaction is an insider purchase by WANG DESHENG, the company’s CEO and Director. SEC filings show that WANG DESHENG bought 1,000,000 shares of the company’s common stock on Sep 18 ’24 at a price of $0.30 per share for a total of $0.3 million. Following the purchase, the insider now owns 22.73 million shares.

Focus Universal Inc disclosed in a document filed with the SEC on Sep 18 ’24 that Lee Edward Shihai (President and Director) bought a total of 1,000,000 shares of the company’s common stock. The trade occurred on Sep 18 ’24 and was made at $0.30 per share for $0.3 million. Following the transaction, the insider now directly holds 9.19 million shares of the FCUV stock.

Still, SEC filings show that on Aug 28 ’24, WANG DESHENG (CEO and Director) acquired 280,100 shares at an average price of $0.18 for $50518.0. The insider now directly holds 21,898,650 shares of Focus Universal Inc (FCUV).

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